Sunday, January 24, 2010

The 5 Reasons You're Failing at innovating

You really don't want to engage directly with customers, employees, etc. You just want them to hear how innovative you are. Ex: You end up following trends rather than creating them. However, you are quick at claiming ownership.

You perceive innovation as a threat to your historical revenue streams. However, you still pay lip service out of fear.

You claim to have a strong in house innovation culture. However, you make somebody else pay for it (public funding) or absorbe (and dissolve ) it through acquisition .

You get locked into thinking of ideas at just the higher end of the innovation continuum (next big thing) as a result your innovation program is unbalanced and miss out the small quick wins that are faster and easier to obtain. ( and vice versa)

Your risk management strategy for Innovation confuse risk aversion and educated risk taking. Your fear of failure motivate your strategy to minimize the level of uncertainty, however it sclerose you to the point of inaction.

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About Me

Provide advisory services via Blopeur Ltd.Use to work / do research for SAP and more specifically HANA enterprise Cloud. Also use to lead the (now retired by SAP) Open Source project: Hecatonchire - it aims to bring together the flexibility of virtualization, cloud and high
performance computing in order to break free of current cloud
limitations. Hecatonchire deliver a
framework of tools aiming to provide memory, I/O and CPU resource aggregation
capabilities to x86/Linux native application.